Harley S. Bassman

In a thought-provoking discussion, Harley Bassman, the Convexity Maven and Managing Partner at Simplify Asset Management, sheds light on critical market dynamics. He argues that inflation will remain high due to demographic shifts and persistent fiscal deficits. Exploring the bond market, he highlights why newly issued mortgage-backed securities are appealing. Bassman offers practical portfolio hedges and emphasizes the significance of convexity in investing. He also advocates for gold as a unique hedge against fiat currency debasement, recommending a strategic allocation.

Harley Bassman, a portfolio manager at Simplify Asset Management and the renowned Convexity Maven, shares insights into mortgage-backed securities and their pivotal role in the bond market. He breaks down complex concepts and common misconceptions, also discussing the impact of demographics on economic trends. The conversation further explores trading strategies in agency bonds amidst rising interest rates and offers intriguing perspectives on current market dynamics, including gold and uranium trends.

In this engaging discussion, Harley Bassman, the Convexity Maven and managing partner at Simplify Asset Management, shares insights into the bond market's recent volatility and its future outlook. He believes that as the Federal Reserve approaches its 2% inflation target, we can expect a normalization and steepening of the yield curve. Bassman also reveals his favorite trades for 2024, reflects on Jerome Powell's legacy, and even shares his unique approach to selecting chart colors, blending finance with personality.

Harley Bassman, managing partner at Simplify Asset Management and creator of Convexity Maven, dives into the bond market's response to Trump's election victory. He discusses the surprising rise in Treasury yields amidst anticipated Fed rate cuts. The conversation shifts to how investor sentiment is reshaping expectations around regulatory changes and market volatility. Bassman also explores the interplay of economic policies and political pressures during Trump's term, revealing the complexities of navigating such a turbulent financial landscape.

With special guest Harley S. Bassman, managing partner at Simplify Asset Management.